Bill Text: TX HB16 | 2013 | 83rd Legislature 3rd Special Session | Introduced
Bill Title: Relating to the allocation of certain motor vehicle sales, use, and rental tax revenue; making an appropriation.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2013-08-05 - Referred to Transportation Funding, Select [HB16 Detail]
Download: Texas-2013-HB16-Introduced.html
| By: Harper-Brown | H.B. No. 16 | |
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| relating to the allocation of certain motor vehicle sales, use, and | ||
| rental tax revenue; making an appropriation. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Subchapter G, Chapter 152, Tax Code, is amended | ||
| by adding Section 152.1223 to read as follows: | ||
| Sec. 152.1223. ALLOCATION OF CERTAIN TAX REVENUE TO STATE | ||
| HIGHWAY FUND. (a) | ||
| Notwithstanding Section 152.122, in each state | ||
| fiscal year beginning on or after September 1, 2015, the | ||
| comptroller shall deposit to the credit of the state highway fund an | ||
| amount of money that is equal to 33-1/3 percent of the money that: | ||
| (1) is received under Sections 152.043, 152.045, | ||
| 152.047, and 152.121 and is remaining after the comptroller makes | ||
| the allocation required by Section 152.1222; and | ||
| (2) exceeds the first $3.6 billion of money described | ||
| by Subdivision (1) that is received in that fiscal year. | ||
| (b) Money deposited to the credit of the state highway fund | ||
| under this section may be appropriated only: | ||
| (1) for a purpose authorized by Section 7-a, Article | ||
| VIII, Texas Constitution; | ||
| (2) to repay the principal and interest on general | ||
| obligation bonds issued as authorized by Section 49-p, Article III, | ||
| Texas Constitution; or | ||
| (3) to pay for a function performed by or under the | ||
| supervision of the Texas Department of Transportation. | ||
| SECTION 2. The amount of $630 million is appropriated from | ||
| the general revenue fund for the state fiscal biennium beginning | ||
| September 1, 2013, to the Texas Department of Transportation to be | ||
| used only for constructing, maintaining, and acquiring | ||
| rights-of-way for public roadways other than toll roads. | ||
| SECTION 3. This Act takes effect immediately if it receives | ||
| a vote of two-thirds of all the members elected to each house, as | ||
| provided by Section 39, Article III, Texas Constitution. If this | ||
| Act does not receive the vote necessary for immediate effect, this | ||
| Act takes effect on the 91st day after the last day of the | ||
| legislative session. | ||
